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    Big Rapids, MI Residential Income Properties for Sale

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    Stanwood, MI Reed City, MI Rodney, MI
    6 results
    Historic Victorian Multifamily Property
    $679,000
    0.53 Acres

    Historic Victorian Multifamily Property

    414 Maple Street, Big Rapids, MI 49307

    Eastlake-style Victorian masterpiece, currently a commercial space with rental units.

    • Rare, historically significant 1896 Eastlake‑style Victorian home built by prominent figure D.F. Comstock.
    • Meticulously restored in 2006, showcasing original hardwood floors, solid plank walls, and period‑appropriate details.
    • Features exquisite woodwork with a variety of fine woods, lavish trims, pocket doors, and a grand staircase.
    • Boasts soaring ceilings and five stained glass windows, enhancing the home's grand and open feel.
    • Includes 4 fireplaces with unique character.
    Updated: Mar 5
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    Big Rapids Multifamily Investment Opportunity
    $490,000
    5,500 SF

    Big Rapids Multifamily Investment Opportunity

    Big Rapids, MI 49307

    Fully occupied 6-unit property near Ferris State University.

    • Fully occupied 6‑unit multifamily property near Ferris State University for consistent rental income.
    • Increase Net Operating Income (NOI) by billing back water to tenants with separate water meters.
    • Upside potential through rent increases to market rates ($1,050/month for 2‑bedroom units).
    • Coin‑operated laundry provides approximately $300/month in additional income.
    • Three newer furnaces (under 2 years old) reduce near‑term capital expenditure.
    Updated: May 6
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    Big Rapids Multifamily Investment Opportunity
    $249,900
    0.25 Acres

    Big Rapids Multifamily Investment Opportunity

    Two-unit property with four bedrooms each, great income potential.

    226 2nd Avenue, Big Rapids, MI 49307
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    Triplex Near Downtown and University
    $204,900

    Triplex Near Downtown and University

    Triplex near downtown and university, generating $2125 monthly.

    315 Rust Ave, Big Rapids, MI 49307
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    Big Rapids Multifamily Investment Property
    $264,900
    0.17 Acres

    Big Rapids Multifamily Investment Property

    Three-unit building near Ferris State University with potential for expansion.

    117 S Warren Avenue, Big Rapids, MI 49307
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    Big Rapids Multifamily Investment Opportunity
    Contact for pricing

    Big Rapids Multifamily Investment Opportunity

    Multifamily properties near Ferris State University in Big Rapids, MI.

    Various, Big Rapids, MI
    View details
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 Active listings in Big Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Hillside Campground with Private Pond
    $1,700,000
    871,200 SF

    Hillside Campground with Private Pond

    20+ acre campground with pond, cabins, and ranch home.

    6170 100th Avenue, Evart, MI 49631
    View details
    Reed City Duplex Investment
    $189,000
    0.30 Acres

    Reed City Duplex Investment

    Charming downtown duplex in Reed City, generating $1800 monthly.

    332 W Upton Avenue, Reed City, MI 49677
    View details
    Commercial
    $299,000
    4,756 SF

    Commercial

    Mixed-use properties · 4,756 SF

    128 W Upton Ave, Reed City, MI 49677
    View details
    Downtown Evart Mixed-Use Investment
    $995,000

    Downtown Evart Mixed-Use Investment

    Prime mixed-use property with income potential in downtown Evart.

    104 South Main Street, Evart, MI 49631
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land Opportunity
    $500,000
    4.83 Acres

    Prime Commercial Land Opportunity

    4+ acres with river frontage in Big Rapids, Michigan.

    906 N State St, Big Rapids, MI 49307
    View details
    57.9 Acres Vacant Land Investment
    $575,000
    57.90 Acres

    57.9 Acres Vacant Land Investment

    57.9 acre vacant land suitable for residential development near downtown.

    19400 14 Mile Road, Big Rapids, MI 49307
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    Residential Land in Big Rapids
    $39,900
    1.01 Acres

    Residential Land in Big Rapids

    Partially wooded 1+ acre lot ready for your dream home.

    Edgewood Drive, Big Rapids, MI 49307
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    Residential Land in Big Rapids
    Contact for pricing
    0.34 Acres

    Residential Land in Big Rapids

    Building lot near amenities, ready for your dream home.

    University Club Dr, Big Rapids, MI 49307
    View details

    Big Rapids, MI Residential Income Properties Investment Opportunities Market Analysis

    Explore 6 residential income properties for sale in Big Rapids, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 8,300 square feet of properties for sale, with an estimated market value of $579,500.

    Sale prices for residential income properties in Big Rapids, MI start at $89,500, averaging $289,750, and reaching up to $490,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Multifamily properties 7
    Triplexes 3
    Apartment buildings 2
    Duplexes 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) -13.0%
    Median Household Income $54,803
    College Educated 41.5%

    High-Yield Neighborhoods for Investment

    Identify Big Rapids submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    49307 $377.7K

    Taxes & Financing

    Tax Rate (average for all types) 2.26%
    Tax Rate vs County Average 0.19 pp above county avg
    Average Loan-to-Value 65.0%

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